Logicor, advised by Haslams LLP, has secured a letting at Kennetside Industrial Estate, Bone Lane, Newbury to Thatcham Butchers Ltd. This is the second letting secured on the estate since Logicor bought the asset in 2024.
The letting sees Thatcham Butchers take Unit B, a 21,326 sq ft self-contained industrial/warehouse unit on a 10 yr lease without a break at a rent of £10.50 per sq ft. Haslams Surveyors LLP is joint agent with Quintons
Thatcham Butchers was founded in 1985, originating in a retail shop in Thatcham and eventually growing into purpose-built premises in Newbury in 2004. Sustained growth of the business to service the catering industry has been the driving force behind this latest expansion, and it is now one of the leading catering butchers within the industry.
Haslams Surveyors LLP was appointed by European logistics real estate company Logicor as joint letting agent on Kennetside and two other multi-let industrial estates, totalling 220,000 sq ft, in Newbury, West Berkshire in 2023.
Unit D, Kennetside totalling 31,672 sq ft, is now the only unit available on the estate, and is due for refurbishment in the coming weeks.
Alec White, Haslams commented: “We are delighted to announce the letting to Thatcham Butchers and secure an expanding local occupier for the estate whilst minimising the landlord’s void period to just 1 month. Swift decision making and a slick legal process allowed us to complete the transaction in a tight timeframe. This letting further demonstrates the strength of the Thames Valley industrial sector, where we continue to see healthy demand. ”
Bill Martyn-Smith, Logicor commented: “We are pleased to welcome Thatcham Butchers as our latest tenant at Kennetside Industrial Estate and look forward to seeing them continue to build their business on the estate, supporting local jobs and industry. It was a pleasure to work with all involved in the letting. The estate is near full occupancy with just Unit D available, which we are due to commence the refurbishment of in the coming weeks.”
